“One of the hidden causes of the current global financial crisis is that the people who saw it coming had more to gain from it by taking short positions than they did by trying to publicize the problem.”
Only a few can weave fascinating & funny financial tales like Michael Lewis does in his latest book, Boomerang: Travels in the New Third World. I picked it up because 2008 came back like a boomerang (pun intended). I found myself more amused and enlightened by the absurdity of human nature & greed, rather than the cowardice in the face of the financial shambles of our time.
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